Raffles Family Office targets Asia’s stablecoin billionaires with new wealth management services

The Singapore and Hong Kong multi-family office is building infrastructure for clients whose fortunes live onchain, not in bank vaults Asia’s newest billionaires have a problem most people would love to have. Their money is real, but their bank does not always know what to do with it. Raffles Family Office (RFO), a multi-family office headquartered in Singapore and Hong Kong, wants to be the answer. The firm is courting ultra-high-net-worth clients who hold large piles of stablecoins and other digital assets, a group that traditional private banks have often struggled to serve. The pitch rests on a demographic shift. Asia’s self-made billionaires are a decade younger than their counterparts in the US and Europe, according to Fortune’s reporting. Many built their fortunes in tech and crypto.

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